Just got paid? Our latest guide explains how to read your payslip (and demystifies all the acronyms!)
Very good post. Iām sure it will help a lot of people who donāt understand how payslips work.
With regards to the company benefits, I donāt know how other companies work but at my workplace my company car isnāt listed on my payslip. My tax code is different, which means I have a lower tax free allowance, which is my ācompany car taxā
In the article it does state:
So she isnāt saying that it has to be done or is done by all companies
@bea a good example & hopefully will help lots of people.
Iām always amazed how many work colleagues donāt know what there payslip means.
Good to remember that pension contributions will sometimes show as a negative payment rather than a deduction
This constantly confuses me.
Iām quite tempted to screenshot mine just because it bamboozles me.
Thanks for this, highlights some important points.
Tax period isnāt the month number. Itās the number of months from April with April being 01.
You donāt receive a payslip if you work for the police? Anyone have any idea why?
Police officers arenāt technically employees, theyāre crown servants ā they donāt have employment contracts. That makes them exempt from swathes of employment law, including the requirement to receive a payslip.
In reality, most do get a payslip, even if it isnāt legally required.
Hi, does anyone know if āunpaid parental leaveā shows on your P60 as Statutory Shared Parental Pay?
My work payroll have deducted an extra week for unpaid parental leave but then have added the week back in the next months payslip under āparental leaveā
Now iām wondering if this is something that will show on P60 under statutory shared parental pay or any other statutory pay.
Iām worried as we canāt have anything statutory showing on P60 for what we are applying for soon.
Thats exactly how its worked out with my company car, so I just pay more tax each month
Iāve never heard of this before? Which police officers do not receive payslips? AFAIK they do receive payslips.
As already stated, theyāre not employees and some things are different to employment legislation.
They are probably electronic payslips that can be accessed and printed off through whatever employee self-service system you use.
The Met Police definitely receive electronic payslipsā¦ Incredibly complicated ones at that.
Is that a fact or speculation on your part?
I donāt think it was a matter of whether it was paper or electronic; it was a matter of whether they received one.
Iād recommend contacting your HR team to understand any impact
Speculation based on experience in a job where a colleague complained they werenāt getting any payslips; they hadnāt realised the system was paperless until I showed them where to find all their payslips on the intranet. It didnāt seem too much a leap to theorise that the same thing could be happening here.
Rather than speculation, letās go with fact. Police officers do receive payslips.
Officers at Lincolnshire, Cheshire, Norfolk & Suffolk, the Met amongst others all receive electronic payslips. Iām sure they could request a paper copy but payroll would just print from the ESS system Iād presume.